eBay's most recent trend suggests a bullish bias. One trading opportunity on eBay is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 14.68% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock dropped below the $52.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for eBay is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for eBay is bullish.
The RSI indicator is at 77.05 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for eBay
Why Lone Pine bought a new position in Endo Health Solutions
Thu, 06 Mar 2014 13:00:12 GMT
Icahn vs. eBay & Apple
Thu, 06 Mar 2014 12:40:00 GMT
The Zacks Analyst Blog Highlights: Visa, eBay, Target, Google and NXP Semiconductors
Thu, 06 Mar 2014 12:36:34 GMT
Carl Icahn Will Fail… But He's Not Totally Wrong
Thu, 06 Mar 2014 11:55:15 GMT
eBay's Management Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)
Wed, 05 Mar 2014 23:50:04 GMT
Seeking Alpha – Very happy to have Bob Swan, CFO of eBay with us this morning, Bob thanks coming back this year. And maybe a good place to start is some of the more recent events that have been going on with yourselves and some in the investment community and just the way that the eBay management team thinks about the integration of the assets today given the form and platform that you have to do so.
Related Posts
Also on Market Tamer…
Follow Us on Facebook